The $2.4M Irvine Jumbo Loan We Helped Our Clients Close on in 21 Days | Profit & Loss Mortgage Success Story
When it comes to financing luxury homes in Southern California, speed and expertise make all the difference. At Summit Lending, California mortgage expert Jackie Barikhan recently helped a self-employed healthcare professional secure a $2.4 million jumbo loan in...
Luxury Mortgage Pre-Approval in Southern California: How It Works for Million-Dollar Properties
Thinking about buying a luxury home in Southern California? Before you book a showing for that $3M ocean-view villa in Santa Monica, you’ll want to get a pre-approval for a luxury mortgage. The process is similar to a standard loan, but when you’re dealing with a...
What are Discount Points, and Should I Buy Some?
Have you hear of discount points? Smart borrowers are looking for ways to maximize their buying power by lowering their interest rates as much as possible. While we know that each of our buyer will have different needs, the best possible interest rate seems to be one...
Choosing Between a Fixed Rate and Adjustable Rate Mortgage
When you’re buying a home, one of the biggest decisions you’ll make is choosing the type of mortgage that works best for your financial situation. Two of the most common options are fixed rate mortgages (FRMs) and adjustable-rate mortgages (ARMs)....
Why Buying a Home Now May Be Smarter Than Waiting for Lower Mortgage Rates
You might be seeing headlines that say mortgage rates are expected to drop near the end of next year, and wondering if it’s best to just wait until then to buy. However, if you’re in a financial position to buy a home now, doing so could save you money in the...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.